ISIS mobile payment service to finally debut in September

The joint mobile payment venture known as ISIS that is backed by AT&T (T), Verizon (VZ) and T-Mobile is on track to debut in September. The group initially planned to roll out its services in the first half of 2012, but various delays have pushed back the launch date. “The focus has been: Get it right, make sure it’s secure,” Brad Duea, senior vice president of product management at T-Mobile USA, said in an interview with Bloomberg. ISIS uses NFC technology to allow users to make purchases with their smartphones, although it can also be used for other things as well. T-Mobile plans to use the technology to allow customers to download applications and content by tapping their phones against a special receptor at a store or concert venue, for example. An ISIS spokesperson confirmed the service will be available this summer, which officially ends on September 21st.